GOLD 2025-12-17

#gold (December 17, 2025)

In reality, the current price range for Gold is still sideways!

Last night's NFP figures were mostly mixed, but basically didn't impact the main trend because it's "late data"—meaning this data can't be used for anything.

Therefore, Gold will likely continue to respect the current wedge accumulation range due to the lack of price momentum in Asia and Europe. A breakout is expected in today's US session.

Regarding price trend: Since it's still close above 4300, it's generally likely to rise first and then fall!

The current upward wave is expected to extend to 4339/4340 before falling again.

The main strategy in Asia and Europe will be to look for buying opportunities. If the price surges after 9:00 AM to 4340, I'll look to sell when the European and American markets open - this depends on today's price timing!

Regarding the bearish scenario, the expected triggering timing is during the European session.

Because if the price in Asia surges to 4340, it's easy for a crazy upward move to happen between 12:30 PM and 1:30 PM. Those who shorted early will be wiped out because their stop-loss orders will be hunted down.

As I mentioned above, the price could surge extremely to 4350 and then quickly fall back below 4339.

Or it could rise to 4339 and then fall back below 4335 (my illustrative scenario).

Therefore, we should trade based on whichever level the price moves.

My personal assessment is:

- If the price surges in Asia, it's likely to respect the 4340 level before falling, corresponding to a red scenario.

- However, if the price corrects in Asia to around 430x and then rises again, it's likely to head towards 4350 before falling, corresponding to a green scenario.

During these consolidation phases, you need to constantly monitor the price movements and prioritize trading in stages!